Vertiv Q3 2026: sales up 61.2% to $4.31 billion, EPS $1.95
Vertiv beat the $3.75 billion revenue midpoint it guided to by $563 million and beat the $1.8488 EPS estimate with $1.95 of GAAP earnings, then raised full-year 2026 sales guidance by $650 million. Growth was 55.0% organic, with acquisitions adding roughly 6%. Read it top-down: revenue first, then how much of it dropped through to profit, then what the fourth-quarter guide actually implies.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $1.95 beat the $1.8488 consensus by $0.10 and rose 91% from $1.02. Adjusted EPS was $2.21 versus $1.24, and the $0.26 gap to GAAP is mostly amortization of intangibles, contingent consideration and M&A costs. Operating profit rose 90% to $984 million, so the beat came from volume and margin rather than below-the-line items.
Revenue of $4.31 billion rose 61.2% from $2.68 billion a year earlier and landed $563 million above the $3.75 billion midpoint management guided to three months ago. Organic growth was 55.0%, with acquisitions adding about 6%, and the Americas did the heavy lifting at 74.5% growth. This is acceleration, not a steady trend: the June quarter grew at a slower rate and came in at $3.27 billion.
Management now guides full-year 2026 to $14.45–$14.85 billion of sales and $7.10–$7.20 of adjusted EPS, lifting the sales midpoint by $650 million. The fourth-quarter sales midpoint of $4.413 billion sits $51 million, or 1.1%, below the $4.46 billion consensus next-quarter estimate. That gap is the one soft spot in an otherwise raised outlook.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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